FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
34 hedge funds and large institutions have $221M invested in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
3% more funds holding
Funds holding: 33 → 34 (+1)
4% more capital invested
Capital invested by funds: $212M → $221M (+$9.35M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7.29% less ownership
Funds ownership: 91.03% → 83.74% (-7.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$13.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.1M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.84M |
| 4 |
NAS
Nicolet Advisory Services
Green Bay,
Wisconsin
|
+$886K |
| 5 |
Morgan Stanley
New York
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.64M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.35M |
| 3 |
Jane Street
New York
|
-$1.95M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$804K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$727K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IRC
26
Investors Research Corp
Atlanta,
Georgia
| $39K | – | – | – |
|
27
Citigroup
New York
| $30K | – | – | – |
|
|
NNP
28
Nachman Norwood & Parrott
Greenville,
South Carolina
| $18K | +$18.2K | +666 | New |
|
|
LWANC
29
Laurel Wealth Advisors (North Carolina)
Charlotte,
North Carolina
| $11K | – | – | – |
|
30
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $9K | – | – | – |
|
|
BFC
31
Bedel Financial Consulting
Indianapolis,
Indiana
| $8K | – | – | – |
|
|
MAWCM
32
Mine & Arao Wealth Creation & Management
Campbell,
California
| $6K | – | – | – |
|
33
Fifth Third Bancorp
Cincinnati,
Ohio
| $6K | +$6.01K | +220 | New |
|
34
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | +$2.1K | +77 | New |
|
|
PAG
35
Private Advisor Group
Morristown,
New Jersey
| – | -$50K | -1,863 | Closed |
|
|
EK
36
Evensky & Katz
Coral Gables,
Florida
| – | -$21K | -796 | Closed |
|
37
Fidelity Investments
Boston,
Massachusetts
| – | -$5K | -194 | Closed |
|
|
SFG
38
Sowa Financial Group
Lincoln,
Rhode Island
| – | -$1K | -38 | Closed |
|
TDTF Hedge Fund Activity: Q3 2020 in Review
34 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) for Q3 2020, worth a combined $221M — up 4.4% from $212M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TDTF positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Northern Trust, adding an estimated $13.8M. The largest seller was Bank of America, cutting an estimated $2.64M.
- 34 institutional investors held FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) as of Q3 2020, up from 33 in Q2 2020.
- Funds reported $221M of FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock for Q3 2020, up 4.4% quarter-over-quarter.
- 5 funds opened new FlexShares iBoxx 5-Year Target Duration TIPS Index Fund positions in Q3 2020 and 4 closed out, a net change of +1 holder.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund buyer in Q3 2020 was Northern Trust, an estimated $13.8M added.
- The largest FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seller in Q3 2020 was Bank of America, an estimated $2.64M sold.
Based on aggregated 13F filings for Q3 2020.